In this video I break down the current Solana price structure and the likelihood of this local bounce continuing toward key resistance levels. I analyze the recent three-wave move, the significance of the June low, and why I am watching for a potential five-wave development before confirming a trend reversal.
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Solana (SOL) Price News & Insights Today 2-7-2026 - Technical analysis, focusing on market structure, key support and resistance zones. Video by More Crypto Online.
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Solana Insights Today
Solana (SOL) is trading near $77.02, mounting a strong 16% weekly recovery bounce as the network experiences a significant surge in on-chain fundamentals.
-Tokenized Asset Dominance: Solana processed a record $1.36 billion weekly volume in tokenized equities, capturing 96% of all on-chain stock trading.
-ETF AUM Milestones: Combined Assets Under Management (AUM) for spot Solana ETFs from Bitwise and Fidelity crossed the $1.06 billion threshold.
-Massive Liquidity Injection: Circle minted an additional $1 billion in USDC directly on Solana, bringing the network's gross 2026 USDC issuance to a staggering $64.25 billion.
-Phantom Wallet "World" Launch: A brand new, fully on-chain prediction market called World launched natively within Phantom’s 20-million-user wallet app, utilizing Chainlink Data Streams for real-time settlement.
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